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416 Washington Ave, Lorain, OH, 44052

5beds
3baths
3,507sqft
$149,900
$43price/sqft
$1,419/moest. monthly cost
$56,760/yrincome needed

About This Home

Looking for an exceptionally large property with massive upside? This sweeping 3,507 square-foot multi-level home offers a rare footprint and opportunity. With 3 floors, 5 bedrooms, 3 bathrooms, 2 kitchens, and multiple living areas, this property provides the kind of space and layout flexibility that is hard to find. This property appears to have been laid out as a 3-unit at one point. Buyer would need to do their own due diligence to identify if it can be used as such. With a little creativity, this property can be laid out in a myriad of ways to suit a buyer's end goals.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

5/10
3/10
Lorain High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area above ground: 3,507

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,507
  • Total interior livable area: 3,507 sqft

Property

Details

  • Parcel number: 0201005105002
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3

Lot

  • Lot size: 6,534 sqft

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hail
Ice Storm
Strong Wind
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $757$9,084
Home Insurance *$115$1,380
Property Taxes $171$2,052
Electricity $376$4,513
Total$1,419$17,028
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,651/yr
40% on housing$42,570/yr
45% on housing$37,840/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$43This listing

vs Other Active Listings

Avg $/sqft

ZIP 44052$95
Lorain County$149

vs Homes Sold Last Month

Median $/sqft

ZIP 44052$115
Lorain County$161

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-18Price change$144,900
2026-07-31Price change$149,900
2026-07-21Price change$159,900
2026-07-11Price change$169,900
2026-07-06Listed for sale$179,900
2026-05-06Sold$92,900
2017-11-08Listing removed$35,000
2017-11-08Pending sale$35,000
2017-11-06Sold$25,000
2017-09-28Price change$35,000
2017-06-09Listed for sale$45,000
2015-03-04Listing removed$54,300
2014-07-09Listed for sale$54,300
1994-08-15Sold$67,000

For Sale by Agent

AgentBenjamin West
BrokerageWorth Clark

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